‘Unique financial burden’ puts college jobs at risk

Call for funding pledge as institution struggles to meet £2.1m annual PFI fee

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Fit-for-purpose buildings and facilities are seen as a great asset for colleges. However, Ayrshire College’s Kilwinning campus has become a financial burden that opposition politicians believe could put college jobs at risk if no extra funding is made available. They are urging the Scottish Funding Council (SFC) and the Scottish government to ensure the financial sustainability of the institution.

The campus, which opened in 2000, was built using a private finance initiative (PFI) scheme set up prior to the creation of Ayrshire College through merger. The contract, which started in 1999-2000 ...

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